Field Notes on
Closed-End Funds

Investment insights and market analysis for institutional investors

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Essential Reading

News
5 min read

★★★★★ 5-Star Overall Morningstar Rating™

Thomas J. Herzfeld Advisors, Inc. is excited to announce it received four 5-Star Overal...
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Thomas J. Herzfeld Advisors, Inc. is excited to announce it received four 5-Star Overall Morningstar Ratings™ for the quarter ended December 31, 2024.

News
5 min read
Bloomberg: Muni Bond Funds Set Up for 20% Gains Even After November’s Surge
Leveraged closed-end funds rallied with broader market Steep discount, Fed cuts, activi...
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Leveraged closed-end funds rallied with broader market Steep discount, Fed cuts, activism seen powering returns

Municipal bond funds that use borrowing as a way to juice returns had a banner month in November, surging almost 12%. Some market watchers say that’s only just the start.

Leveraged closed-end muni funds rallied along with the broader market as evidence of slowing job growth and cooling inflation convinced traders that the Federal Reserve’s rate-rise cycle is over. Further gains may be in store should the central bank pivot to cutting rates next next year, as many now expect.

News
5 min read
Confessions Of A Closed-End Fund Bargain Hunter
Forbes' William Baldwin interviews Erik Herzfeld about opportunities in the closed-end...
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Forbes' William Baldwin interviews Erik Herzfeld about opportunities in the closed-end fund space that are often missed by investors.

News
5 min read
Barron's: Skyward, Mr. Closed-End Fund
Read Article: Thomas J. Herzfeld is interviewed by Barron's and called Mr. Closed-End Fund
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Read Article: Thomas J. Herzfeld is interviewed by Barron's and called Mr. Closed-End Fund.

All Posts

News
All
5 min read
PSN Top Guns Rating for Four Herzfeld SMA Strategies Q4/2021
The firm's PSN Top Guns Products for 4Q/2021 include: Muni Bond 2 Stars and 3 Stars -...
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The firm's PSN Top Guns Products for 4Q/2021 include:

‍

Muni Bond  2 Stars and 3 Stars - Municipals Universe

Muni Bond  2 Stars and 3 Stars  - All Maturity/Variable Universe

Preferred 1 Star, 2 Stars and 3 Stars  - All Maturity/Variable Universe
Fixed Income 1 Star, 2 Stars and 3 Stars - Global Fixed Income Universe
Balanced  2 Stars -  Global / Intl Balanced Universe

​

For full information, description and disclosures on third party awards, please contact us.

News
All
5 min read
WSJ: The Oil Crash is Hitting this Investment Hard
The Wall Street Journal's Sarah Toy interviews Portfolio Manager Erik Herzfeld on energ...
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The Wall Street Journal's Sarah Toy interviews Portfolio Manager Erik Herzfeld on energy closed-end funds, as Goldman, Kayne and Tortoise products slide.

News
All
5 min read
PSN Top Guns Rating for Four Herzfeld SMA Strategies Q4/2019
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The firm's PSN Top Guns Products for 4Q 2019 include:

Muni Bond  2 Stars  Municipals Universe
Fixed Income  2 Stars  Global Fixed Income Universe
Fixed Income  3 Stars  Global Fixed Income Universe
Foreign  2 Stars  Global / Intl Balanced Universe

News
All
5 min read
★★★★★ 5-Star Overall Morningstar Rating™
Morningstar Ratings™ are out for Q4/2019: Thomas J. Herzfeld Advisors, Inc received 5-S...
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Morningstar Ratings™ are out for Q4/2019: Thomas J. Herzfeld Advisors, Inc received 5-Star Overall Morningstar Rating™ for four investment strategies.

News
All
5 min read
Bloomberg Prep: Credit's Mixed Signals
Portfolio Manager Alex Knapp, CFA, explores the mixed signals behind the credit market...
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Portfolio Manager Alex Knapp, CFA, explores the mixed signals behind the credit market. Published by Bloomberg Prep.

News
All
5 min read
★★★★★ 5-Star Overall Morningstar Rating™
Morningstar Ratings™ are out for Q3/2019: Thomas J. Herzfeld Advisors, Inc received 5-S...
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Morningstar Ratings™ are out for Q3/2019: Thomas J. Herzfeld Advisors, Inc received 5-Star Overall Morningstar Rating™ for four investment strategies.

From our desk
to yours, monthly.

Every month we share exclusive insights on closed-end fund opportunities and market trends. A quick, valuable read for institutional investors and family offices.

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